Equinor News

 

EU May Need 350 additional LNG Cargoes

Feb 12, 2025

Helge Haugane, head of Equinor's gas and power trading, told Bloomberg News that the European Union could need up to 350 additional cargoes this year of liquefied gas (LNG).Haugane stated that in the worst case scenario, European reserves of gas could only be 30% full at the end winter. He added that it will be crucial to attract cargoes over the summer for the storage to be refilled, and this could be expensive and require regulatory interventions…

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